Petrofac acquires Hess floating production facility
Petrofac, the international oil and gas facilities service provider, said its energy developments business has acquired floating production facility, AH001, from Hess and Endeavour Energy UK.
The AH001 has been deployed on the Hess-operated Ivanhoe and Rob Roy Fields in the UK North Sea since 1989 with the Renee and Rubie Fields produced over it since 1999. The vessel, weighing approximately 17,000 tonnes, has a processing capacity of 70,000 barrels per day (bpd) of oil and 42.5 million standard cubic feet per day (mmscfd) of gas with water injection capability of 72,000 bpd and treatment of 75,000 bpd. The vessel is expected to arrive shortly at the McNulty offshore facility in Newcastle upon Tyne. Options for its upgrade, modification and redeployment on fields where energy developments has or can take an interest will be considered over the coming months.
Petrofac has gained significant experience from the deployment of the Northern Producer floating production facility on the Don Area development in the UK North Sea, and with the mobile production unit and floating storage system on the Cendor field in Malaysia.
Keep up with the latest business news from the region with the daily Emirates Business 24|7 newsletter. To subscribe to the newsletter, please click here.